Tag: Commercial

China scraps foreign ownership limits on commercial vehicle manufacturers | Automotive Industry News

The Chinese governing administration plans to scrap the 50% restrict on overseas possession of professional auto producing providers in the country future thirty day period, according to area stories.

The National Improvement and Reform Fee and the Ministry of Commerce previous week unveiled their joint hottest “negative” listing of sectors not open to overseas investment which did not include things like professional auto manufacturers. 

The present 50% possession cap on the professional auto sector has been in place considering that 1994 and its removing is found as the 2nd section of a a few phase plan declared in April 2018

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ZF puts down a big bet on future of commercial trucks

Even with headwinds brought on by COVID-19, ZF Friedrichshafen has not hit the brakes on its formidable designs to bolster its abilities in self-driving business automobiles.

The German provider of chassis, steering and braking factors and units shut its acquisition of trucking elements maker Wabco Holdings Inc. past week with hopes of forming a main built-in units service provider for business motor vehicle technologies.

ZF reported the Wabco addition allows its existing business-motor vehicle division to grow its abilities in motor vehicle dynamics regulate.

The deal — valued at more than $seven billion — also is predicted to considerably boost

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New electric Bollinger B2 Chassis Cab commercial vehicle platform unveiled

Bollinger has introduced its designs to establish a Chassis Taxi variant of its all-electric powered B2 decide on-up truck, intended particularly for commercial programs. Like the common design, it’ll go on sale in The usa in 2021, with price ranges getting confirmed closer to the model’s start day.

It’ll be accessible in both of those two- and 4-door entire body variations and will appear in numerous wheelbase lengths to go well with a array of mattress attachments, these as a towing arm, a dropside decide on-up mattress or a box entire body. In addition, consumers will be in a

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HONDA TO INTRODUCE “e:PROGRESS” – FIRST COMMERCIAL ENERGY MANAGEMENT SERVICE WITH FLEXIBLE TARIFF FOR EV OWNERS

HONDA TO INTRODUCE “e:PROGRESS” - FIRST COMMERCIAL ENERGY MANAGEMENT SERVICE WITH FLEXIBLE TARIFF FOR EV OWNERS
  • Honda to introduce to start with commercial Electricity Management services with Europe-to start with adaptable strength tariff exclusively customized to EV homeowners
  • Support to be made available underneath the new brand ‘e:PROGRESS’
  • e:Progress permits EV homeowners to cost their vehicle creating ideal use of renewables and at the most price tag-productive time

 

Honda has these days announced more specifics of its to start with commercial Electricity Management services – underneath the new brand ‘e:PROGRESS’ – which will come to current market during 2020.

 

e:Progress will supply a good charger, good tariff, and a good cost control technique to provide exceptional

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VE Commercial Vehicle to go ahead with Bhopal plant investment, production to begin in April 2020, Auto News, ET Auto

The company has rationalised the number of shifts and controlled all discretionary expenses. It has deferred some capital expenditure but that is not impacting strategic investments like the Bhopal factory.
The company has rationalised the number of shifts and controlled all discretionary expenses. It has deferred some capital expenditure but that is not impacting strategic investments like the Bhopal factory.

Mumbai: VE Commercial Vehicles Ltd, a joint venture between Eicher Motors and Swedish truck maker Volvo, has decided to go ahead with its plan of setting up a new 40,000-units-a-year factory in Bhopal, even as the Indian commercial vehicle market stares at its steepest decline in growth in a decade.

Vinod Aggarwal, managing director, VE Commercial Vehicles, told ET that the first two quarters of 2020-21 may not see a

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